Current Attempt in Progress The Pacific Division of Wildhorse Industries reported the following data for the current year. Sales $4,158,402 Variable costs 2,622,000 Controllable fixed costs 822.000 Average operating assets 5,031,000 Top management is unhappy with the investment center's return on investment. It asks the manager of the Pacific Division to submit plans to improve ROI in the next year. The manager believes it is feasible to consider the following independent courses of action. 1. Increase sales by $422,000 with no change in the contribution margin percentage. 2. Reduce variable costs by $140,868. 3. Reduce average operating assets by 4% (a) Your answer is correct. Compute the return on investment for the current year. (Round answers to 1 decimal place, e.g. 52.7%.) Return on investment 14.2 % Return on investment 14.2 % Attempts: 1 of 2 used (b) Using ROI formula, compute the ROI under each of the proposed courses of action. (Round answers to 1 decimal place, e.g. 52.7%.) Courses of action ROI 1. % 2. % 3. % Save for Later Attempts: 0 of 2 used Submit